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Letting Fee Information
Referencing Procedure
As soon as a suitable property has been found, you will need to complete reference application forms and pay a charge of £500.00 to secure the property and remove off the market, this is to ensure that the property is secure and reserved during the reference process. This amount will be deducted from the final payment if successful. We utilise the services of a credit-referencing agency to take up the following references, here is an example of just a few of the references sought:
- Confirmation of employment, salary confirmation.
- Personal & Photographic identification (passport or driving licence).
- Previous Landlord references.
- Students (Guarantor or proof or funding).
- Self-Employed (Accountants references, trading details etc.)
Payment on agreed date
6 weeks holding deposit (This will be held by DPS- Deposit Protection Scheme)
1 Month Rent in Advance - (rent is worked out on a per calendar month basis), which is, if you are not aware; the weekly rent, multiplied by 52 weeks and divided by twelve months to give the per calendar month rental figure.
Check in Fee
Studio/1 Bedroom - £110.00
2 Bedrooms - £130.00
3 Bedrooms - £140.00
4 Bedrooms - £150.00
5 Bedrooms - £180.00
6+ Bedrooms - £200.00
Ps: A 10% surcharge will be applicable to houses (anything other than flats / apartments
Administration/ Reference Application
All administration/reference fees are due at the start of the application process once the offer has been verbally/written agreed and will secure the property for you subject to satisfactory references being received on behalf of all applicable tenants.
The administration fee covering preparation of the tenancy documentation and any other contract/administrative paperwork is £250.00. Credit check fee per person is £60.00
Should a guarantor be required then a further £80.00 payment per guarantor will be required. These fees are fully refundable in the event of the landlord withdrawing from the deal.
PLEASE NOTE THAT SHOULD YOUR REFERENCE APPLICATIONS BE UNSUCCESSFUL THEN THE REFERENCE FEE/S IS NON REFUNDABLE.
It is imperative that you disclose all relevant facts that may adversely affect your reference outcome, prior to entering into the above. It may save you money.
We do not belong to a Client Money Protection scheme
We are members of The Property Redress Scheme (PRS)
If the deposit is held by Griffins Estates Limited, All deposits held on Assured Shorthold Tenancies will be registered with DPS Deposits (www.depositprotection.com). Deposits on Company Tenancies or Non Assured Shorthold Tenancies will be held by us as Stakeholder.
